Luxury house Kering named Cédric Charbit as CEO of Saint Laurent, succeeding Francesca Bellettini. Gianfranco Gianangeli was named CEO of Balenciaga, succeeding Charbit. Both appointments will be effective Jan. 2, 2025. Both will report to Bellettini, Kering's deputy CEO in charge of brand development -- until Jan. 2 when she becomes "entirely dedicated to the development of all Kering fashion, leather goods and jewelry houses."

Charbit joined the conglomerate in 2012 as a product strategy director at Saint Laurent. In 2016, following "extensive experience," he was named CEO of Balenciaga. Gianangeli most recently served as chief commercial officer of Saint Laurent, a title held since last September.

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Digital freight forwarder Flexport named Daniel Sanvicente as senior vice president, head of APAC, effective Dec. 2. Sanvicente brings 25-plus years of relevant experience in the Asian Pacific region to the company, where he'll focus on driving growth as Flexport works to bolster its regional presence. Sanvicente most recently served as chief commercial officer for Asia Pacific at Hellmann Worldwide Logistics.

Last month, Flexport "restructured" its omnichannel business, which resulted in a 2 percent headcount drop. Flexport has had at least four rounds of layoffs in the last two years, including January's 20 percent reduction of roughly 500 employees. For context, Flexport had 3,200 employees in 2022.